Net long term and permanent arrivals charted against the rolling 12 month rate of rental price growth which has been lagged by 3 months (Cotality).
The rental market doesn't seem to care that net overseas migration is lower.
Australia is racing head first into authoritarianism.
Free speech is being dismantled in plain sight and once it’s gone, every other freedom follows.
That’s why I’ve introduced a bill to put free speech to a referendum and enshrine it in our Constitution.
Make no mistake, this is how authoritarian regimes are built. 1984 was a warning, not a playbook.
We are closer than most Australians realise to losing our country.
https://t.co/sfA9vTLB37
Help shape the future of https://t.co/1vJDB8wrVb and get rewarded for it.
Introducing a.lpha, a closed test for our upcoming official airdrop, available only to users with an access code. 🧵
🟩 Live in 30 minutes at https://t.co/1vJDB8wrVb
The only macro flow framework that consistently works is @crossbordercap & the everything code from @RaoulGMI.
Really fascinating that most TradFi asset managers continue to think we have the same market structure as the 1990s.
There are very few funds that differentiate from the norm now partly because the regulatory hammer has turned the industry into a giant Cartel.
If you decentralize the asset management system you create real growth.
The decentralization process will happen naturally now as relative performance of those who nullify any risk and hug benchmarks continue to underperform from the more “risk-forward” funds.
In a world of forced nominal growth from fiscal spending, taking less risk may conversely be the bigger risk.
Beware of oncoming credit problems in certain sectors tho….that will be an issue at some point when the banking system over-levers a sector!
Yesterday, when Richard Boyle received ‘no conviction’, the judiciary gave whistleblowers a little bit of hope. Today the Labor Party and the Coalition hit back to ensure potential whistleblowers understand they won’t be supported if they tell the truth. #shameful#auspol
Is AI already impacting the job market?
A new paper from me, @erikbryn, and @RuyuChen at @DigEconLab digs into data from ADP.
We find some of the ***first large-scale evidence of employment declines for entry-level workers in AI-exposed jobs.***
A thread on our paper:
The Australian government has been blasted for failing to deport 100,000 fake asylum seekers.
- 98,979 failed asylum seekers remain in Australia, up from 68,000 when Labor took office in May 2022, and set to pass 100,000 next month.
- Adds ~15,000 a year, with 27,100 more cases still awaiting decision.
- Largest intake: India (365 new claims in July), followed by China (233).
- Approval rates are tiny - Indians 15, Chinese 37 granted in July.
- 78% of rejected applicants still have full work and study rights.
- Deportations are almost non-existent; just 10 last month (fewer than five involuntary).
- At this pace, another 45,000 failed claimants will be added by the end of Labor’s term, on top of record net migration of 350,000+ a year.
Australia now operates a de facto “stay if you arrive” policy. Almost no deportations, generous work/study rights, and a growing pool of failed claimants.
🎙️Senator Alex Antic in conversation with Dr Maryanne Demasi
We sit down for a frank conversation about the fights that cost me my job at the @ABCTV, the TGA’s cosy ties to industry, and why independent voices are needed now more than ever.
LINK BELOW: 👇👇
More than HALF of 🇦🇺’s gas exports are given away with no royalty, no PRRT, no meaningful company tax
🇳🇴 taxes oil+gas & has a $2.8 trillion sovereign wealth fund
We have $1 trillion of debt
We need urgent PRRT reform to stop the great gas giveaway
https://t.co/AKWBcbMN4s
🚨My Funds are STUCK on Hyperliquid: A Warning Every User Needs to Hear
I recently deposited funds on @HyperliquidX via their site https://t.co/XImAHznxm6.
When I later tried to withdraw them, I got this message:
“Your address has been flagged as high risk by a third-party screening tool. This frontend interface does not support connection to the Hyperliquid blockchain by high risk addresses.”
I was stunned. I’m not from a sanctioned country. I didn’t use any shady tools or VPNs.
I contacted support and asked for clarification. Their NOT helpfull reply?👇
" This means that your address has been flagged as high risk by a third-party screening tool based on your interactions with a sanctioned jurisdiction or sanctioned entity. Users from sanctioned jurisdictions and users who have interacted with sanctioned entities cannot access the Hyperliquid blockchain using https://t.co/G6RkwJoJti. "
Then they put a 7-day timeout on my account, meaning I can’t even reply or dispute the decision. Which is ofcourse, absolutely ridiculous.
To @HyperliquidX; users deserve answers:
– What screening tool are you using?
– What triggers a flag?
– How can we dispute false positives?
Until then, I strongly warn anyone thinking of using Hyperliquid: Your funds can be frozen, even if you’ve done absolutely nothing wrong.
@AvidCommentator I love my country, I dispise our government and the embedded incentives that perpetuate the self indulgent short sighted choices. I don't see any other country doing a fantastic job either though.